Mahalaxmi Rubtech consolidated net profit rises 71.21% in the March 2020 quarter

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Sales decline 24.60% to Rs 40.18 crore
Net profit of Mahalaxmi Rubtech rose 71.21% to Rs 1.13 crore in the quarter ended March 2020 as against Rs 0.66 crore during the previous quarter ended March 2019. Sales declined 24.60% to Rs 40.18 crore in the quarter ended March 2020 as against Rs 53.29 crore during the previous quarter ended March 2019.For the full year,net profit declined 7.26% to Rs 4.60 crore in the year ended March 2020 as against Rs 4.96 crore during the previous year ended March 2019. Sales declined 2.80% to Rs 180.68 crore in the year ended March 2020 as against Rs 185.89 crore during the previous year ended March 2019.
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First Published: Jul 07 2020 | 11:19 AM IST